Morgan Stanley Maintains Equal-Weight on Valley Ntl, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia has maintained an Equal-Weight rating on Valley National Bancorp (NASDAQ:VLY) and raised the price target from $9.5 to $10.
September 30, 2024 | 4:08 pm
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Morgan Stanley has maintained an Equal-Weight rating on Valley National Bancorp and increased the price target from $9.5 to $10, indicating a slightly positive outlook.
The increase in price target from $9.5 to $10 by Morgan Stanley suggests a slightly positive outlook for Valley National Bancorp, which could lead to a modest increase in investor confidence and potentially a short-term rise in stock price.
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IMPORTANCE 70
RELEVANCE 100